Karachiites rejected PTI: Ahsan Iqbal
KARACHI: Talking to journalist after visiting the Dow University of Health Sciences (DUHS) here, he said Karachi was an economic hub of the country and the Karachiites had rejected the…
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Russia to export Crude Oil to Pakistan
ISLAMABAD: Russian Energy Minister Nikolay Shulginov has stated here on Friday (20th of Jan 2023) that his country would export crude oil to Pakistan against payments made in currencies of…
Pakistan, Russia reaffirm commitment to strong economic ties
ISLAMABAD: The eight session of Pakistan-Russia Inter-Governmental Commission (IGC) on Trade, Economic, Scientific and Technical Cooperation concluded here on Friday, reaffirming the commitment to a strong and comprehensive bilateral economic…
New Pak-Russia Relationship
ISLAMABAD: Minister for Economic Affairs, Sardar Ayaz Sadiq said here on Friday (20th of Jan 2023) that the 8th Intergovernmental Commission (IGC) would lay foundation of a ‘new relationship’ between…
Maize growers advised to cultivate only hybrid varieties
FAISALABAD: The agricultural experts have advised the maize growers to cultivate only hybrid varieties for spring cultivation of the maize crop. The most favorable weather for cultivation of the maize…
Bearish Bourse
Stocks slide on returning recession fears
LONDON: World stocks mostly slid Thursday (29 Jan 2023) after disappointing US data renewed worries about a global recession later this year. New year optimism on trading floors has taken…
MD PTDC on KP’s Integrated Tourism Zones
ISLAMABAD: Managing Director Pakistan Tourism Development Authority (PTDC), Aftab-ur-Rehman on Thursday (19th Jan 2023) said the private sector would achieve great opportunities and benefits from Integrated Tourism Zones (ITZs) in…
GoP Will Meet IMF Conditions: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal Thursday said that the government would meet the conditions set by the International Monetary Fund (IMF) to complete the programme,…
Pakistan, Netherlands to enhance cooperation
DAVOS: Pakistan and Netherlands have expressed the resolve to work together to further enhance cooperation in trade, investment, education, Information Technology and agriculture sectors. The resolve was expressed during meeting…
World Bank
World Bank Country Dir on reports on delaying loans
ISLAMABAD: Country Director of the World Bank for Pakistan Najy Benhassine has stated that Media reports on delaying loans for Pakistan were unfounded. Taking to the twitter he said: "The press…
Trauma of losing the children
NEW YORK/GENEVA/WASHINGTON D.C.: An estimated 5 million children died before their fifth birthday and another 2.1 million children and youth aged between 5–24 years lost their lives in 2021. These…
US State Department Spokesperson Ned Price
Economically Sustainable Pakistan
WASHINGTON: The United States wants to see Pakistan in an economically sustainable position, State Department spokesperson Ned Price has said, noting that Islamabad was in negotiations with the International Monetary…
K-Electric seeks Rs 10.26 per unit reduction
ISLAMABAD: K-Electric has sought Rs 10.26 per unit reduction in power tariff for the month of December under Fuel Cost Charges Adjustment mechanism. This request has been made to the…
PIA
PIA adds two more aircraft to its fleet
ISLAMABAD: A spokesman for Pakistan International Airlines (PIA) on Wednesday said the national flag carrier had added two more aircraft to its operations fleet during the last 24 hours. “Despite…
UN chief slams oil firms for ‘big lie’ on global warming
DAVOS (Switzerland): UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having "peddled the big lie" about their role in global warming, telling the World Economic Forum that they…
President on enhancing Pak-China trade
ISLAMABAD: President Dr Arif Alvi on Tuesday (17th of Jan 2023) stressed enhancing bilateral trade with China, which currently stood at $27.8 billion, and said the strengthening of businesses could…
Bourse
Asian markets rise on optimism over China
HONG KONG: Markets mostly rose in Asia on Monday, following another rally on Wall Street fuelled by optimism over the world economy as inflation slows and China reopens to the…
France Provides Rs. 28.5B Soft Loan For Keyal Khwar Hydropower Project
ISLAMABAD: Dr. Kazim Naiz [Secretary of Economic Affairs Division (EAD)], H.E. Monsieur Nicolas Galey (Ambassador of France) and Monsieur Philippe Steinmetz [Country Director, French Development Agency (AFD)], signed here on…
Prices of petroleum products to remain unchanged
LAHORE: Minister for Finance and Revenue Senator Muhammad Ishaq Dar here on Sunday said that the government has decided to keep the existing prices of petroleum products unchanged for next…
Petroleum
No Change in Petroleum Products’ Prices
LAHORE: Finance Minister Ishaq Dar, while talking to journalists at a Presser held here on Sunday (15th of January, 2023) has announced that the prices of petroleum products will remain…
Hajj Expo 2023, Jeddah
ISLAMABAD: Crowd management and hospitality were the subjects of discussion on the third day of the Hajj Expo 2023 here. The first panel, Transportation Services, and Crowd Management: Effectiveness and…
Bourse
Stocks rise as US inflation falls
LONDON: Europe and US stock markets rose Thursday as investors digested data showing a softening of US consumer inflation, potentially giving the Federal Reserve room to slow its interest rate…
UAE agrees to rollover $2bn loan, give additional $1bn
ABU DHABI: United Arab Emirates has agreed to roll over Pakistan's two billion dollars existing loan and provide additional loan of one billion dollar. UAE's President Sheikh Mohamed Bin Zayed…
Pakistan, KSA sign agreement to finance oil derivatives worth $1B
ISLAMABAD: Pakistan and the Kingdom of Saudi Arabia (KSA) on Thursday signed an agreement to finance oil derivatives worth $1 billion. The agreement was inked by Secretary Economic Affairs Dr…